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Restructuring
Information and resources including press releases, 8-K Filings and FAQs related to restructuring.
Corporate Profile
Hercules Offshore is a leading provider of offshore contract drilling and liftboat services with operations spanning the globe. Our fleet is capable of performing services including oil and gas exploration and development drilling, well service, platform inspection, maintenance and decommissioning operations in shallow water markets. Since our inception as a public company in 2005, we have established a proven track record of acquiring assets and expanding our geographic footprint, a strategy that demonstrates our financial discipline and desire to provide superior and long-term returns to our shareholders. Hercules Offshore shares of common stock are traded on the OTC Pink Market under the ticker symbol “HEROQ".
Stock Quote
HEROQ (Common)
ExchangeOTCPink (US Dollar)
Price$1.16
Change (%)0.00 (0.00%)
Volume0
Data as of 12/02/16 4:00 p.m. ET
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Recent NewsMore >>
DateTitle 
07/11/16Hercules Offshore, Inc. Announces Agreement to Sell the Hercules 267 by Hercules International Drilling Ltd.
HOUSTON, July 11, 2016 /PRNewswire/ -- Hercules Offshore, Inc. (OTC Pink: HEROQ) announced today that its subsidiary, Hercules International Drilling Ltd., entered into an agreement to sell the Hercules 267 to an undisclosed buyer for $3.16 million. The sale is expected to close imminently, subject to the satisfaction of customary closing conditions. About Hercules Offshore, Inc. Headquartered in Houston, Hercules Offshore, Inc. operates a fleet of jackup rigs and liftboats. The Company o... 
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06/06/16Hercules Offshore, Inc. Files Voluntary, Pre-Packaged Chapter 11 Case to Facilitate Orderly Asset Sales, Maximize Value for Stakeholders
Company Expects to Continue Operations, Uphold Commitments to Stakeholders Throughout Process; Unsecured Creditors to be Paid in Full Under Chapter 11 Plan International Subsidiaries Not Included in Plan But Will Be Part of Sale HOUSTON, June 6, 2016 /PRNewswire/ -- Hercules Offshore, Inc. (Nasdaq: HERO) (the "Company" or "Hercules") today announced that, after receiving votes on the Company's pre-packaged Chapter 11 Plan (the "Plan") from lenders holding approximately 99.7% of the Company... 
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05/27/16Hercules Offshore, Inc. Announces Transfer of Hercules Highlander and Execution of Restructuring Support Agreement
Orderly Sale Process Seeks to Maximize Value of the Company's Assets and Provide Smooth Transition for Employees, Customers and Suppliers Unsecured Creditors to be Paid in Full Through Voluntary, Pre-Packaged Chapter 11 Case Company Enters into Agreement to Transfer Former Hercules Highlander Newbuild Harsh Environment Jack-up Rig HOUSTON, May 27, 2016 /PRNewswire/ -- Hercules Offshore, Inc. (Nasdaq: HERO) (the "Company" or "Hercules") today announced, following a review of its strategi... 
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05/05/16Hercules Offshore, Inc. Announces First Quarter 2016 Results
HOUSTON, May 5, 2016 /PRNewswire/ -- Hercules Offshore, Inc. (Nasdaq: HERO) today reported a net loss of $26.9 million, or $1.35 per diluted share, on revenue of $50.9 million for the first quarter 2016, compared to Predecessor net loss of $57.1 million, or $0.35 per diluted share, on revenue of $122.6 million for the first quarter 2015. Diluted weighted average shares outstanding for the Successor was 20.0 million shares for the first quarter 2016, while the Predecessor's was 161.1 million shar... 
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